Do VCs matter? The importance of owners on performance variance in start-up firms (Record no. 32565)
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| 001 - CONTROL NUMBER | |
| control field | 0042611005737 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20190211171154.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 100426s2009 xx ||||gr |0|| 0 eng d |
| 999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
| Koha Dewey Subclass [OBSOLETE] | PHL2MARC21 1.1 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | eng |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | FITZA, Markus |
| 9 (RLIN) | 39636 |
| 245 10 - TITLE STATEMENT | |
| Title | Do VCs matter? The importance of owners on performance variance in start-up firms |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Place of publication, distribution, etc. | Bognor Regis : |
| Name of publisher, distributor, etc. | Wiley-Blackwell, |
| Date of publication, distribution, etc. | April 2009 |
| 520 3# - SUMMARY, ETC. | |
| Summary, etc. | Adding to the corporate effect literature, we study the effect of owners on firm performance in a new context, that of venture capital firms (VCs) and the start-up firms in which they invest. After discussing the effect that VC ownership can have on start-ups, we estimate that start-up-specific, owner (VC), and year effects account for significant variance in performance (26.3 percent, 11.2 percent and 3.7 percent, respectively). The effects of industry and investment stage are not statistically different from zero. We also provide an analysis that separates the owner effect into two components: a selection component - which impacts investment - and a management component - which explains significant variance in performance. By examining the owner effect in a different institutionalized form of governance - that of the start-up and its relationship to VC owners - our study also contributes to an understanding of the ownership effect in the strategy literature more generally. |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | MATUSIK, Sharon F. |
| 9 (RLIN) | 6847 |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | MOSAKOWSKI, Elaine |
| 9 (RLIN) | 29232 |
| 773 08 - HOST ITEM ENTRY | |
| Title | Strategic Management Journal |
| Related parts | 30, 4, p. 387-404 |
| Place, publisher, and date of publication | Bognor Regis : Wiley-Blackwell, April 2009 |
| International Standard Serial Number | ISSN 01432095 |
| Record control number | |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Periódico |
| 998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
| -- | 20100426 |
| Operator's initials, OID (RLIN) | 1100^b |
| Cataloger's initials, CIN (RLIN) | Daiane |
| 998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
| -- | 20100428 |
| Operator's initials, OID (RLIN) | 1656^b |
| Cataloger's initials, CIN (RLIN) | Carolina |
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